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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (45824)1/4/2002 4:58:22 PM
From: Sully-  Read Replies (1) of 65232
 
Service Merchandise going out of business

NASHVILLE, Tenn., Jan 4 (Reuters) - Bankrupt retailer Service Merchandise Co. Inc. (OTC BB:SVCD.OB - news) on Friday said it will close all of its 200 stores and eliminate half of its 1,000 corporate employees as the U.S. recession and fallout from the Sept. 11 attacks crippled the chain.....................

biz.yahoo.com
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